gst on tobacco ITC Share Price Tumbles As Panel Suggests 35% Tax Cigarettes, Budget 2026 tightens the screws
Budget 2026 tightens the screws on tobacco. Higher GST, a steep jump in NCCD, and a shift to retail pricelinked excise mean higher prices and rising pressure on margins. With total tax incidence GST on Tobacco Leaves Procured AKGVG & Associates Ahead Of GST Meet, Demand To Tax Tobacco Products, Bidis At High Rates Cigarette Costs To Soar? Government Proposes Higher GST On Tobacco So the new GST proposal says: Cigars & Cigarettes 28% 40% Tobacco 28% 40% Bidis 28% 18% Looks like the government just launched a new campaign Vocal for Local Bidi Edition! Akash Shinde 126 comments GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21
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